Landlord Insurance for Rental Properties in NY, NJ, and CT
Protect your rental homes with landlord insurance designed for property owners in New York, New Jersey, and Connecticut. Whether you own a single-family rental, a duplex, or a small multifamily property, we help you safeguard your building, your income, and your liability.
At Refine Risk, we work with landlords who are building wealth through real estate. You want coverage that satisfies lenders, responds in the event of a claim, and adapts as your portfolio grows. That’s what we deliver.
Why Real Estate Investors Need Landlord Insurance
A standard homeowners policy does not protect rental activity. Landlord insurance is built for investment properties. It covers the structure, your rental income, and your liability as an owner. In the Tri-State area, where properties are older, values are higher, and risks are greater, this protection is essential.
Our approach is straightforward: we design coverage that keeps you financially secure, compliant with lender requirements, and prepared for real-world risks.
Why Refine Risk
Landlords face complex insurance questions especially when properties are financed, renovated, or part of a growing portfolio. We guide you through each decision so you know exactly what’s covered, what’s required, and what to expect if a claim happens.
Our process:
- We review your property details and goals
- We design coverage options with clear comparisons
- We provide ongoing support for renewals, claims, and lender requests
You get a single point of contact who understands both the insurance market and the landlord’s perspective.
Things You Should Know About Landlord Insurance
What does landlord insurance cover?
Landlord insurance includes:
Optional coverages: Flood, earthquake, equipment breakdown, umbrella liability
Property coverage: Pays for repairs or rebuilding after fire, storm, vandalism, or water damage
Liability coverage: Protects you if a tenant, guest, or contractor is injured on the property
Loss of rental income: Reimburses lost rent when a unit is uninhabitable due to a covered claim
How much does landlord insurance cost?
Most landlords in NY, NJ, and CT pay $1,200 to $4,000 per year per property. Cost depends on:
- Property type (single-family, duplex, triplex, fourplex)
- Location and construction type
- Year built and system updates
- Claims history
- Tenant profile (long-term, short-term, student housing)
- Coverage limits and deductibles
We benchmark your costs against similar rentals in your area.
What types of properties qualify for landlord insurance?
- Single-family rentals
- Condos/Co-ops
- Duplexes
- Triplexes
- Fourplexes
- Small multifamily portfolios
Do I need landlord insurance if I rent out my home?
Yes. Most homeowners policies exclude rental activity. Landlord insurance provides the right protection for tenant-occupied property.
What risks are common for landlords in the Tri-State area?
- Water damage from plumbing or frozen pipes
- Fire from older wiring or heating systems
- Slip-and-fall liability on walkways or stairs
- Tenant-caused damage
- Lost rent during repairs
Coverage is adjusted based on urban, suburban, and coastal risks.
What type of insurance do lenders require on a new property purchase?
Most lenders expect:
- Replacement cost coverage
- General liability ($500K–$1M minimum)
- Loss of rents coverage for 6–12 months
- Lender endorsements: additional insured status, waiver of subrogation, notice of cancellation
We provide fast, accurate lender documentation.
Who We Work With
Refine Risk specializes in customized insurance protection for landlords and real estate investors throughout the Tri-State area.
Our service area includes:
New York
- NYC: Manhattan, Brooklyn, Queens, Bronx, Staten Island
- Westchester: Yonkers, White Plains, New Rochelle, Scarsdale, Mount Vernon
- Hudson Valley & Long Island: Nyack, Newburgh, Huntington, Garden City
Connecticut
- Fairfield County: Stamford, Norwalk, Greenwich, Bridgeport, Danbury
New Jersey
- Jersey City, Hoboken, Newark, Montclair, Fort Lee
How do I get a landlord insurance quote?
- Contact our team
- Share your property details (address, units, year built)
- Review coverage options and pricing
- Finalize your policy and get proof of insurance
We manage renewals, certificates, and mid-term changes year-round.
Ready to protect your rental property?
Get landlord insurance designed for New York, New Jersey, and Connecticut.
Get started today
- Call (914) 704-4200
- Email help@refinerisk.com
- Visit refinerisk.com/quote